JobXDubai

As Dubai continues to cement its status as a dynamic hub for business and finance, job seekers are increasingly optimistic about finding new employment opportunities within the region. The Michael Page UAE Salary Guide 2024 provides an in-depth look into the hiring landscape, disclosing that the majority of UAE workers are confident about transitioning to a new job within three months. This confidence is buoyed by the potential for better salary packages, career advancement, and enhanced responsibilities.

Despite global economic fluctuations, the UAE job market appears robust, with an overwhelming 70% of professionals anticipating an improved work-life balance over the coming year. This positive sentiment resonates with expatriates and locals alike, as a significant 73% of professionals plan to settle in the UAE for over five years, citing career growth, safety standards, and quality of life as decisive factors.

Let’s delve into sector-specific salary insights to help aspirants navigate their career paths in Dubai more effectively:

Banking & Finance

• The banking sector continues to offer lucrative opportunities with top positions in wholesale banking like EVP and SVP commanding salaries up to AED 160,000 and AED 95,000 respectively.

Digital Marketing

• Digital marketing remains a rapidly growing field, rewarding expertise with positions like Head of Digital Marketing reaching up to AED 60,000 monthly.

Engineering & Manufacturing

• Leadership roles such as Vice President and CEO in the manufacturing arena present substantial remuneration, boasting earnings around AED 120,000 and AED 100,000 respectively.

Finance & Accounting

• Multinational corporations (MNCs) maintain competitive financial compensation, with Group or Regional CFOs earning up to AED 140,000.

Healthcare & Life Sciences

• High-ranking roles such as General Manager and Regional Sales Director in the healthcare sector are well compensated, offering AED 90,000 and AED 70,000 respectively.

Human Resources

• Senior HR positions, such as Vice President or Chief Human Resources Officer, attract salaries up to AED 85,000, reflecting their strategic importance.

Technology & IT

• Technology continues to drive the market, with IT Directors and Chief Information Officers earning top dollar in the region.

These revelations from the 2024 UAE Salary Guide underscore a thriving job market eager to embrace skilled professionals across various sectors. Dubai’s commitment to career growth, security, and a superior lifestyle makes it an attractive destination for job seekers worldwide.

Salary guide 2024 revealed (average salaries in AED)

Banking and finance

Wholesale banking

• Head of Wholesale Banking (EVP) – AED160,000
• Head of Corporate Banking (SVP) – AED95,000
• Head of Unit – AED60,000
• Senior Relationship Manager – AED47,000
• Relationship Manager – AED35,000
• Relationship Officer / Assistant Relationship Manager – AED25,000

Investment banking

• Managing Director – AED130,000
• Executive / Senior Director – AED85,000
• Director – AED70,000
• Vice President – AED55,000
• Associate – AED40,000
• Analyst – AED25,000

Digital marketing

• Head of Digital Marketing – Up to AED60,000
• Senior Digital Marketing Manager – Up to AED50,000
• Growth Hacker – Up to AED40,000
• Digital Marketing Manager – Up to AED35,000
• Social Media Manager – Up to AED30,000
• Advertising Operations Manager – Up to AED25,000
• CRM Manager – Up to AED30,000
• SEO/SEM Manager – Up to AED22,000
• Account Manager – Up to AED18,000
• Digital Marketing Executive – Up to AED18,000

Engineering and manufacturing

• Vice President – AED120,000
• CEO – AED100,000
• COO – AED92,000
• Managing Director – AED85,000
• General Manager – AED80,000
• Global Manufacturing Director – AED65,000
• Business Excellence Director – AED55,000
• Business Excellence Manager – AED50,000
• Operations Director – AED62,000
• Manufacturing Director – AED55,000
• Factory / Plant Manager – AED40,000
• Production Manager – AED30,000
• Production Supervisor – AED15,000
• Production Engineer – AED10,000

Finance and accounting (MNC)

• Group / Regional CFO – AED140,000
• CFO – AED100,000
• FP&A Director – AED62,500
• Finance Director – AED67,500
• Financial Controller – AED46,500
• Finance Manager – AED37,500
• FP&A Manager – AED38,500

Healthcare and life sciences

• General Manager – AED90,000
• Regional Sales Director – AED70,000
• Regional Sales Manager – AED50,000
• Area Sales Manager – AED45,000
• Clinical Application Specialist – AED25,000
• Sales Representative – AED20,000
• Field Application Specialist – AED21,500

Human resources

• Vice President/Chief Human Resources Officer – AED85,000
• HR Director – AED70,000
• Head of HR – AED60,000
• Regional HR Manager / HR Business Partner – AED45,000
• HR Manager – AED38,000
• HR Coordinator / Specialist – AED25,000